British Airways owner warns of profit hit from strikes

British Airways owner IAG warned on Thursday full-year operating pretax profit will be 215 million euros lower than last year, after major pilot strikes grounded thousands of flights. The strikes were the latest setback for the airline, which in August suffered its third major computer failure in little more than two years, disrupting flights in […]

Thomas Cook’s collapse strands about 50,000 in Greece

About 50,000 tourists are stranded in Greece, mainly on islands, after British travel firm Thomas Cook collapsed, a Greek tourism ministry official told Reuters on Monday. The tourists, mainly British, were vacationing on the islands of Zakynthos, Kos, Corfu, Skiathos and Crete, the official said. “The top priority now is to get them back home,” […]